977 Arapahoe Street, Los Angeles, CA 90006
- $1,800,000
- List Price
- $1,800,000
- Status
- ACTIVE
- MLS#
- 26873899
- Lot Size
- 8,542
- Acres
- 0.20
- Lot Location
- Value In Land
- Days on Market
- 15
- Property Type
- Land
Property Description
( 28 Units MIIP, 78 Units AHIP ) 8,539 sf R4-1 parcel TOTAL 7 BD / 6.5 BA (2 BD / 3.5 BA UNPERMITTED). HUGE LOT IN A QUIET RESIDENTIAL AREA. DEVELOPMENT OPPORTUNITY: POTENTIAL FOR APPROX. OFFERED PRIMARILY FOR LAND VALUE AND TO BE DELIVERED VACANT. .Base zoning allows 21 units by right within a 45 ft / 3-story envelope at 3:1 FAR.The MIIP pathway reaches 28 units at a 12% ELI / 16% VLI / 25% LI set-aside, while a100% affordable AHIP project reaches 78 units AHIP is the higher-yield path(envelope-limited), though every unit is income-restricted.
Additional Information
- View
- None
- Sewer
- Other, Sewer Tap Paid
- Water
- Public
- Attached Structure
- Detached
Listing courtesy of Listing Agent: Dae Young Hur (LAnewHome@gmail.com) from Listing Office: Keller Williams Larchmont.
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.